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Himachal CM proposes 'Global Investors' summit in June 2019

Himachal CM proposes Global Investors summit in June 2019

Shimla: Hard selling investment potential to the tune of Rs 85,000 crore in next few years, Himachal Pradesh's BJP government, barely 11 months into power, on Friday proposed a two-day 'Global Investment' meet on the lines of one hosted by Uttarakhand government's Investors' Summit which PM Narendra Modi also addressed last month.

The global investors meet will be held at Dharamshala on June 11 and 12, immediately after the Lok Sabha polls.

Chief Minister Jai Ram Thakur, who on Friday chaired a high-level meeting claimed that investments in sectors like tourism, hospitality, resorts, pharmaceutical, MSME, engineering tools, information technology, health and wellness centers, herbal and Ayurved-based projects, horticulture, power, food processing, real estate and education will be negotiated in the meet.

The venue has also been chosen –Dharamshala, which has emerged as international tourists' destination because of presence of Tibetan Spiritual leader Dalai Lama. International Cricket stadium and state Vidhan Sabha complex located at Dharamshala are also big attractions.

Outlining the objectives, Thakur said, "State is blessed with immense potential in about every sector. But there is a need to harness it with well planned manner so that environment and its fragile ecology did not get disturbed discriminately." He set-out a target of Rs. 85,000 crore of which Rs. 20,000 crore alone will be in the power sector, Rs. 15,000 crore in manufacturing sector, Rs. 10,000 crore in tourism sector, Rs.5000 crore in agriculture sector, Rs 5000 crore in information technology, electronics and skill development, Rs.5000 in housing and real estate sector, Rs.5000 crore in health and Ayurveda sector and Rs. 2000 crore in infrastructure on logistics and PWD.

The government has decided to formulate a new policy for micro, small and medium enterprises as they form the bulk of investment in the state. The CII will be the national partner of the State for organising the investors' meet.

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